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With a market cap of $30.2 billion, Hewlett Packard Enterprise Company (HPE) is a global edge-to-cloud company that provides innovative solutions across Cloud Services, computing, High-Performance Computing (HPC) & AI, Intelligent Edge, Software, and Storage. It empowers businesses worldwide to seamlessly capture and act on data through products like HPE GreenLake, Aruba Networking, and ProLiant servers, delivered via flexible as-a-service models. The Spring, Texas-based company is slated to announce its fiscal Q1 2025 earnings results on Thursday, Mar. 6.
Ahead of this event, analysts expect the personal computer and printer maker to report a profit of $0.43 per share, a 48.3% growth from $0.29 per share in the year-ago quarter. The company has exceeded Wall Street's earnings expectations in two of the past four quarters while missing on two other occasions. In the most recent quarter, HPE surpassed the consensus EPS estimate by a 10.4% margin.